For Immediate ReleaseChicago, IL – October 23, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the fi
For Immediate ReleaseChicago, IL – October 23, 2023 – Stocks in this week’s article are Uber Technologies, Inc. UBER, NVIDIA Corp. NVDA and Carvana Co. CVNA.
U.S. technology giants are likely to post their strongest quarterly revenue growth in at least a year as their legacy businesses stabilized, but investors looking for signs of a boost from artificial intelligence (AI) may be disappointed.
During periods of heightened uncertainty on Wall Street, it's not uncommon for investors to seek safety in profitable, time-tested, outperforming businesses. While the "FAANG stocks" have been somewhat of a mainstay for investors over the past decade, it's companies enacting spli
For Immediate ReleaseChicago, IL – October 23, 2023 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list includes Amazon AMZN, Alphabet GOOGL, Nvidia NVDA, Meta Platforms META and Microso
U.S. measures to limit the export of advanced artificial intelligence (AI) chips to China may create an opening for Huawei Technologies [RIC:RIC:HWT.UL] to expand in its $7 billion home market as the curbs force Nvidia to retreat, analysts say.
TSMC's (NYSE: TSM) stock popped 4% on Oct. 19 after the chipmaking giant posted its third-quarter earnings report. Its revenue declined 15% year over year to $17.28 billion but exceeded analysts' expectations by $580 million. Its earnings per ADS slipped 28% in U.S. dollar terms
Semiconductor designer Nvidia (NASDAQ: NVDA) emerged as an artificial intelligence (AI) titan in 2023, capturing investors' imaginations with its groundbreaking advancements and a stock price that has soared to remarkable heights. But with great prominence comes great scrutiny.
Below is Validea's guru fundamental report for NVIDIA CORP (NVDA). Of the 22 guru strategies we follow, NVDA rates highest using our Quantitative Momentum Investor model based on the published strategy of Wesley Gray. This momentum model looks for stocks with strong and consiste
Semiconductor company Nvidia (NASDAQ: NVDA) sits at the heart of the artificial intelligence (AI) revolution. Analysts estimate its market share in machine learning processors to be between 80% and 95%, and the chipmaker reinforced its authority by branching into AI software and
Applied Digital's (NASDAQ: APLD) stock price has surged nearly 140% over the past 12 months amid the buying frenzy in artificial intelligence (AI) stocks. But unlike Nvidia (NASDAQ: NVDA) and its peers, Applied Digital isn't actually an AI company. Instead, it merely builds or bu
The stock market moved lower on Friday, closing a bad week for major market benchmarks. Losses for the Nasdaq Composite (NASDAQINDEX: ^IXIC), S&P 500 (SNPINDEX: ^GSPC), and Dow Jones Industrial Average (DJINDICES: ^DJI) for the week were extensive as investors continued to wo
Tech stocks have primarily traded sideways over the last couple of months but have otherwise been standout performers this year. The group’s momentum and outperformance have been driven by a combination of favorable developments o
Since posting a record high in August, shares of Nvidia (NVDA ) have languished due to mounting headwinds for the company. The steady increase in global interest rates has undercut most high-valued chip stocks, as the 10-year T-note yield posted a new 16-year high on Thursday. Also, new U.S. rules...
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Netflix Inc (Symbol: NFLX), where a total of 328,421 contracts have traded so far, representing approximately 32.8 million underlying shares. That amounts to about 490.2